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1 - 10 van 147 voor trend based growth
Microsoft Word - cpbdoc118.doc
... trend-based scenario with average annual gdp-growth of 1 %, the budget balance will improve by 1,1% gdp, resulting in a balanced budget a scenario without a precautionary margin, with an annual growth ...
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dutch fiscal framework history current practice and role cpb pdf
... continue with cautious economic growth assumptions for the medium-term framework. however, since february, there is a new government and it has already been decided that trend based estimates will ... funds were ignored. the real budget margin was calculated on the basis of expected trend-based economic growth, while assuming unchanged policy and tariffs. in principle, all expenditure increases and ...
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N:\publicaties\...\cpbdoc16.wp [PFP#1211064953]
... , the trend in labour productivity growth has been picking-up slightly. actual trend figure 3.1 trends in dutch labour productivity growth market sector, 1970-2000 productivity growth beyond ... intensive industries other industries growth accounting results based on the growth accounting framework, table 4.2 decomposes labour productivity growth into the contribution of tfp growth, capital deepening ...
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Microsoft Word - dp_CPB_parttime_euwals.doc
... national accounts. the variables on growth of production and capital intensity are based on figures on gross production, labour input and investments per sector. the growth of production will be ... time employment. the model includes a time trend as the high growth rate of both variables may lead to spurious correlation (excluding the time trend makes the variable women highly significant). ...
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Research Memorandum (set-up)
... years. this high growth rate is certainly not a school example of the successes that market-based development policies may ... barro and lee (1996) data on education to derive a trend between oecd and non-oecd regions between 1960 and ... sustain high growth rates developing countries should pursue sound domestic policies. countries that do not create favourable conditions for market-based development ...
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india and dutch economy stylised facts and prospects pdf
... de groot and piet buitelaar (de nederlandsche bank) based on contributions from jos ebregt (chapter 2), ... growth and growth of gdp per capita show an upward trend. comparing the most recent figures with the three decades up to 1980, gdp growth has nearly doubled and growth ... that a substantial improvement in economic performance, notably trend productivity growth, occurred in or around 1980 (oecd, ...
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memo221.pdf
... correlated to the future level of economic growth, productivity growth and capital growth.13 properly functioning banks and financial markets stimulate the growth primarily because business can more easily ... stabilisers. these have been fleshed out relatively well in the netherlands via the trend-based budget policy. a rough estimate teaches that without supplementary measures, the dutch effort ...
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Research Memorandum (set-up) [PFP#700815377]
... incorporate in the age model the following specification that is closely related to r d-based endogenous growth note, for later reference, that the assumption of a production function that is ... estimate the time derivative of equation (1) where a constant c captures the unexplained exogenous growth trend. an error term is added. we assume that the production function exhibits constant returns to ...
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skill premium technological change and appropriability pdf
... by which they become freely available to other researchers. as in almost all r d-based growth models (romer, 1990, grossman and helpman, 1991, aghion and howitt, 1998), in our patent sector ... mechanism simultaneously explains the skill premium time pattern and the downward trend in patent productivity. 4.1 appropriability and endogenous growth to analyse the full model that was outlined in section 2 ...
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Research Memorandum (set-up)
... are not distinguished by industry of use. the construction of indirect r d stocks based on weighted growth rates deserves some elaboration. weighting levels of the various r d stocks is not ... turning to the results some econometric issues must be discussed. all data show a clear trend and therefore we seek to estimate equations that are cointegrated. with cointegrated relations the estimated ...
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